EESL Tenders for Supply of 2.35 Million Smart Electricity Meters in India

EESL has issued an IFB, inviting bids from eligible vendors for the supply of 2.35 million smart electricity meters to be installed across India.

Energy Efficiency Services Limited (EESL) has issued an Invitation for Bids (IFB), inviting bids from eligible vendors for the supply of 2.35 million smart electricity meters to be installed across India.

To be eligible for participating in the bidding process, the vendors should be a manufacturer of smart meters and should have experience of successfully supplying 7.05 lakh electricity meters to any government departments, public sector undertakings, Discoms, or private companies during the last three years.

Furthermore, financially the bidders must have an average annual turnover of at least Rs 82.5 crore during the last three financial years. And, they should have also been profitable in any two of the previous three financial years, and the net worth of the bidders should not be less than 100 percent of the paid-up share capital.

As per the tender document, 25 percent of the total quantity has been earmarked for MSEs, out of which 4 percent and 3 percent has been set aside for procurement from MSEs owned by scheduled caste, scheduled tribe, and women entrepreneurs, respectively.

The last date for bid submission is September 15, 2020, and the techno-commercial bids will be opened on the same date. And the firm has announced that due to the current situation of COVID-19, the pre-bid conference for the IFB will be conducted online through video conference on September 7, 2020.

All bidders will also be required to submit an Earnest Money Deposit of Rs 13.76 crore along with their bids.

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Last month, EESL had issued a tender for the commissioning of 279 MW (cumulative) solar power generating systems (SPGS) of capacities ranging between 2 MW and 10 MW at various locations across Maharashtra.

In July, it had invited bids on behalf of the International Solar Alliance (ISA) for the supply of 9,347,000 Solar Home Lighting Systems for installation in the member countries of ISA. The scope of work for the selected vendors will include the design, supply, testing of the solar home lighting systems along with five years of warranty services.